LOS ANGELES, CA / ACCESSWIRE / September 6, 2021 / Element.Black, a blockchain crypto game and NFT game development company based in Asia announced its strategic partnership with OKEx, a Seychelles-based cryptocurrency exchange platform. This partnership empowers Element.Black with a launching and trading platform for its Game-Fi x IP collaboration project.
This ambitious project of Element.Black is based on the 2019 American superhero horror film Brightburn. Rooted in Element.Black’s unique Game-Fi X NFT project Pixel Inifinity, with applications of ELT token at its core, this project integrates fragmented Brightburn poster NFTs on the start-up’s first NFT gaming project Pixel Infinity. Element.Black will issue Brightburn poster puzzle-piece NFTs for fans to purchase and trade on OKEx NFT Marketplace, and to join the Brightburn poster event on Pixel Infinity. In addition, the fastest players to assemble each Brightburn poster will be rewarded with mystery grand awards and ELT tokens. This NFT-based game aims to explore and introduce broader possibilities of Game-Fi x IP business models into the blockchain industry
OKEx officially launched its highly anticipated NFT Marketplace on September 2, 2021, addressing the industry need for a comprehensive system for the fast-growing NFT market. OKEx also established $10M Fund for Game-Fi to help develop GameFi, or “play-to-earn”projects. Game-Fi has demonstrated the potential to be the next blockchain battleground after decentralized finance (DeFi).
Starting as a disruptive pioneer, Element.Black looks for gaps in the marketplace where new opportunities exist and always prioritizes the quality of its product and services. The early innovators tend to become the market leaders.
What is GameFi?
GameFi refers to the intersection between blockchain based gaming and decentralized finance. With the success of recent gaming projects, the world of GameFi has flipped conventional gaming on its head. Instead of getting drained financially by playing video games, users have an opportunity to earn profitable rewards while playing. Axie Infinity, the unequivocal crown holder in this “play-to-earn” space has its gaming token AXS surging 600% in just one month, from $5.66 in the beginning of July to above $50 by the 27th of the same month.
Element.Black is a startup company that aims to provide a gaming platform with the use of NFTs and blockchain technology. Element.Black strives to develop NFT-based games through collaboration with different IP holders and revolutionizing the use of NFTs on gaming rather than digital collectibles and artwork.
OKEx is the industry leader in cryptocurrency trading instruments and pairs for traders around the world. With over 20 million traders in more than 200 countries, we are the most trusted cryptocurrency marketplace in the world to buy BTC, ETH, USDT, XRP and many more digital assets. OKEx is also ramping up its decentralized finance efforts with the introduction of DeFi Hub, a decentralized digital asset ecocsystem that include a marketplace for non-fungible tokens (NFTs).
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